CEO of 7-month start-up takes only company credit card to Bali, refuses to make remote purchases or approve expenses while away, blocking software renewals, buying new hire’s laptop, and event catering for the month: 'Said he's busy and to figure it out'

The first red flag about this whole situation may be the fact that this CEO is taking a month-long vacation while his start-up is only 7 months old. Some very serious businessmen and women could even compare it to a new mother, leaving her 7-month-old baby at home, to go sip on some coconuts in Bali, while the rest of her family looks after her baby…Some people could compare it to that…those whose companies are their babies! 

However, this CEO seems to be putting his relaxation at the forefront of his priorities, with the success of his company far behind. And to make matters worse, he has taken the one and only company credit card with him! Just because he's away doesn't mean the expenses and current needs of his employees have disappeared like his last Pina Colada. They have office expenses they need to pay, and the fact that he refuses to make remote purchases or approve expenses from abroad leaves his 20+ employees drowning, while he lies afloat, baking in the Balinese sunshine!

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